Jeffery Epstein’s notorious Palm Beach property gets $60M makeover

One of the most notorious properties in Palm Beach is on the cusp of a complete transformation. 

A new 10,000-square-foot waterfront pad is rising on the waterfront parcel where Jeffery Epstein’s 14,000-square-foot mansion once stood — a project valued at $60 million.

The long-gone house of horrors, purchased by the late, convicted sex offender for $2.5 million in 1990, was reportedly a hotbed of child sex abuse for many years.

During a 2005 police raid, investigators uncovered explicit photographs, sex toys, and nude paintings that shocked the affluent community. 

Locals saw the property as an enduring stain on the town’s image, and calls for its demolition only grew louder after Epstein’s 2019 death in a Manhattan jail while facing federal sex trafficking charges.

In March 2020, developer Todd Glaser purchased the 1950s-era British Colonial-style estate for $19 million through broker Lawrence Moens, who admitted he “hoped the structure would get wiped off the map.” 

Within weeks, the house was demolished. Funds from the sale were used to compensate Epstein’s victims and address the disgraced financier’s outstanding tax obligations.

Eighteen months later, Massachusetts venture capitalist David Skok, a principal at Matrix Partners, bought the cleared lot for $25.8 million — during a pandemic-fueled luxury property boom in elite Palm Beach. 

Skok’s plans, approved by local officials, envisioned a two-story home with six bedrooms, a library, courtyard, swimming pool, pavilion, and direct water access, as well as a guesthouse. 

Newly released photos obtained by The Post now show the project near completion — with a sleek white facade framed by fresh landscaping, and tall trees strategically planted to shield the property from public view.

The newly-built Palm Beach waterfront estate channels the grandeur of the area’s 1920s and ’30s Mediterranean Revival mansions, with red barrel-tile roofs, white stucco walls, stepped gable details, and tall multi-pane windows reminiscent of the pioneering Addison Mizner’s work.

Designed for modern luxury living, the symmetrical, palm-lined residence opens to expansive herringbone-patterned terraces and manicured lawns overlooking the Intracoastal with 175 feet of water front views, with a side-positioned pool and a deepwater dock for yachts. 

While its architecture evokes historic Palm Beach glamour, the home benefits from hurricane-rated windows, updated infrastructure, and contemporary amenities. 

The property is now worth about $60 million, Glaser told The Post.

Under Epstein’s ownership, the address was 358 El Brillo Way. But under Skok’s ownership, the property’s address changed to 360 El Brillo Way to pave over any association with Epstein’s crimes. 

The redevelopment of the Palm Beach site comes amid a broader sell-off of Epstein’s global real estate portfolio. 

His Manhattan townhouse sold for $51 million in 2021, while his New Mexico ranch and two private Caribbean isles — Great St. James and Little St. James — found buyers in 2023.

Financier Stephen Deckoff paid $60 million for the islands.